Stax

APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments. per transaction. per transaction.

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

NOVEMBER 15, 2023

These fees help cover the costs of processing the payment and maintaining the card network. Interchange fees themselves are non-negotiable and they’re charged whenever a merchant accepts credit card payments. Optimize transactions for lower rates Review your card acceptance policies.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 2, 2024

In 2022, industry data shows that credit card companies earned a whopping $126.4 And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Payments made with cash or debit card won’t be surcharged.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Baremetrics

MARCH 23, 2021

We’ll talk about pricing, features, usability, and more. 1 Overview 2 Features Plans Point of Sale International Support Tools for Developers 3 Pricing PayPal’s Basic Fees Stripe’s Base Fees Stripe Billing 4 Usability 5 Customer Service & Technical Support 6 Final Word All the data your startup needs. Try Baremetrics Free.

Payment Methods 93

Payment Methods Payment Services Payments Merchant Services 93

Stax

JULY 5, 2024

On the flip side, however, credit card fees can eat away at your profits since a percentage of each credit card transaction goes toward processing fees. A cash discount program offers reduced prices to customers who pay by cash instead of credit or debit cards. What is a listed price or regular price?

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

Stax

DECEMBER 13, 2023

Even though they’re one of the most popular payment options today, accepting credit cards at your business can turn out to be a significant expense. Fortunately, credit card surcharging is a good way to offset some—if not all—of the cost of accepting credit card payments.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

Stax

JANUARY 22, 2024

At its core, payment processing involves various players and technologies to facilitate the movement of funds from customers to merchants securely and efficiently. Digital payments only take a few seconds, but they flow through many different layers of partners and technology.

Payment Services 88

Payment Services SaaS Payments Merchant Services Payment Facilitation 88

Stax

FEBRUARY 28, 2024

Passing credit card fees onto customers has been hotly debated , but most of the country has agreed: Credit card surcharge should be available to merchants. If you’re working with a payment processing provider like Stax , they can take care of much of the following.

Merchant Services 88

Merchant Services Payment Services Payment Methods Stax 88

Stax

JANUARY 5, 2024

They both provide a new, updated, and innovative way to accept credit card payments from customers. Recommended Payment Solutions The following payment solutions are our top recommendations for businesses that need a mobile-friendly payment terminal. You can learn more about them here.)

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

NOVEMBER 8, 2023

The Burden of Traditional Processing Fees There are a whole bunch of fees that businesses need to pay to accept credit card transactions. While some of these are unavoidable, businesses need to research various fees and pricing models (e.g.,

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

SaaStr

DECEMBER 10, 2019

You could think about how in that Chase app you could make it easier to accept credit card payments right away. Because before the deal closes you’re negotiating for what’s the purchase price, what are the performance targets as they relate to retention agreements.

Payment Services 182

Payment Services Merchant Services Payment Solutions Payments 182

Subscription Flow

JANUARY 2, 2024

What is more is that to accept various payment methods from your customers, you must have a dedicated payment gateway as well as a merchant account for your SaaS business. A SaaS payment gateway is an online payment processing solution that allows merchants to accept credit card payments directly from their websites.

Payment Services 52

Payment Services SaaS Payments Merchant Services Payments 52

Payrix

FEBRUARY 4, 2025

Payment facilitator (PayFac) A merchant registered by an acquirer to facilitate transactions on behalf of sub-merchants. They provide the infrastructure necessary for their merchants to accept credit card payments.

Payment Services 100

Payment Services Merchant Services Payment Solutions Payment Methods 100

Stax

MARCH 14, 2024

Most B2C transactions are performed at the point of sale (POS), whether it’s eCommerce or in-store checkout, which lends them to faster payment methods like mobile payments more often than B2B transactions. B2B payments are mostly made through invoicing and then longer payment cycles.

Payment Services 88

Payment Services Merchant Services Payment Methods Payments 88

BitPay

MAY 8, 2023

Never hold crypto or worry about price volatility Companies that choose to take a “hands off” approach to accepting crypto payments receive payments directly to their bank account. Companies can start accepting crypto payments in less than a week. Set up is quick and easy.

Payment Methods 40

Payment Methods Payment Services Merchant Services Payment Solutions 40

FastSpring

JANUARY 9, 2023

Whichever checkout experience you choose, FastSpring lets you translate checkout into local languages and convert prices to local currencies. Related: International Recurring Payments (How We Handle It for You). Will you get all features for one price or will you have to pay extra for the features you need?

Payment Methods 146

Payment Methods Payment Services Merchant Services Payment Solutions 146

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Implementing surcharging involves analyzing pricing strategy impact, communicating policies effectively to customers, and reviewing technical considerations, including cybersecurity measures.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

APRIL 4, 2024

Credit cards are incredibly popular, and it’s easy to see why: they’re convenient and accepted nearly everywhere. According to Forbes , 32% of consumers use it as their primary payment method. Credit card surcharges help merchants avoid any transaction costs and get nearly 100% of their revenue.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68

ProfitWell

NOVEMBER 5, 2019

Every subscription billing platform worth its salt should include six main components: Payment gateways to connect with credit card companies and make it easy to accept payments. Merchant accounts to allow your business to accept credit card payments (often this is integrated with the payment gateway).

Payment Features 49

Payment Features Subscription Payment Methods Merchant Services 49

Stax

JANUARY 24, 2024

These apply to all the four leading card brands—Discover, American Express, Visa, and Mastercard. Surcharge vs Cash Discount When customers pay with cash, some merchants may offer a price reduction which is called a cash discount. While, in case of a surcharge, the customer pays more than the listed price.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

JANUARY 24, 2024

These apply to all the four leading card brands—Discover, American Express, Visa, and Mastercard. Surcharge vs Cash Discount When customers pay with cash, some merchants may offer a price reduction which is called a cash discount. While, in case of a surcharge, the customer pays more than the listed price.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

Stax

MARCH 5, 2025

Meanwhile, a payment gateway is the technology that authorizes and processes payments between a buyer and seller by securely transmitting payment data. How Can Internet Card Payment Processing Help My Business? Payment Gateways vs. Payment Processors: What’s the Difference?

Payment Services 88

Payment Services Payment Methods Merchant Services Payments 88

Stax

OCTOBER 21, 2024

Accepting credit card payments at your business is a surefire way of increasing customer satisfaction and retention. Over 80% of American adults owned at least one credit card in 2023. Also, credit cards contributed to 27% of the spending at point-of-sale (POS) systems worldwide.

Payment Services 88

Payment Services Merchant Services SaaS Payments Payment Methods 88

Stax

NOVEMBER 21, 2024

Whether you are starting a new online store or looking to grow your existing brick-and-mortar small business, you must make provisions for accepting credit card payments. We have also put together a list of the top three best credit card processing platforms for small businesses.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

Stax

DECEMBER 10, 2024

But even when you make up your mind about getting a card reader for your business, choosing between different providers to take credit card payments can be nothing short of a challenge for small business owners. Stax offers a range of payment processing equipment to get you started if you need help.

Payment Methods 88

Payment Methods Merchant Services Payment Solutions Payment Services 88

Stax

JANUARY 21, 2025

Transaction fees and pricing structure Pricing might be one of the first factors you consider when choosing a payment gateway. Payment gateways charge fees for their services, including transaction and monthly fees. Take time to evaluate and understand the pricing structure for the payment gateway youre considering.

Payment Methods 88

Payment Methods Payment Services Merchant Services Payment Solutions 88

Stax

NOVEMBER 14, 2024

Stax Stripe Square PayPal Banks Contract Required No No No No Yes Early Termination Fees No No No No Yes Card Present Processing Pricing $99/month + 8¢ per transaction + interchange 2.9% + 30¢ per transaction (includes interchange) 2.6% + 10¢ per transaction (includes interchange) 2.7% These cards average around 0.5%

Merchant Services 88

Merchant Services Payment Services Payment Methods Payment Solutions 88

Stax

MARCH 11, 2025

Step 3: Get your merchant account We already established that you cant accept credit card payments without a merchant account. You can apply directly for one from a merchant acquiring bank, but we recommend getting one from your payment services provider to make the process faster and smoother.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88